Thursday, 12 July 2012

Innovation Drives the Investors to Buy Property in Dubai


The first thing that comes to mind when thinking of Arabs is the desert, camels and men with turbans. But Dubai has simply changed the concept of the world about Arabs in the past few years with its belligerent business policies and mind-boggling sites that allure the tourists from across the world to come here and see some of the most beautiful beaches and the gargantuan sky-scrappers that amuse the world with their majestic designs and supercilious height. These things charm the outsiders to invest and buy property in Dubai as he knows that this city will return his investment manifolds within a matter of years.

This city has one of the most advanced of living styles in the world and at the same time the law of the land is extremely tough that ensures peace, safety and security of both the individual as well as his investment. Investors in Dubai never fear about their money as they know that the state is fully committed to providing justice and that is why there is no uncertainty left in his mind. The heaviest investment in Dubai, in the past few years has been done in the field of real estate. Dubai real estate was boosted deliberately by the state administration through special attention towards residential and commercial buildings.

The idea was always to make the Dubai economy base on tourism and business instead of oil. Today, beaches, discos, night clubs, festivals, sky-scrappers and lavish lifestyle of Dubai attracts the investors to it more than the oil export. People from across the globe have come to invest in Dubai and the Dubai Marina, Downtown Dubai, Burj Khalifa and Burj-ul-Arab are some of the massive projects that appeal these investors while Palm Jumeirah Islands have introduced  the world real estate with new horizons.

Women workers also live in Dubai and are working at highest levels in multinational organizations while a lot of them also own businesses. They buy property in Dubai to live in their own houses that are near their workplaces while there is a large number of students as well that come to Dubai for students from other emirates as well as abroad, and they also need to buy houses at times if a few of them are able to afford it. They keep those properties until they live there and later when they leave for their home-countries, sell these properties and in this way they also earn a few bucks for themselves.

Innovation has always been the trademark of Dubai real estate which shines in the mega-projects of Palm Jumeirah and the Downtown Dubai and that is why it has always succeeded in charming the world investors to put their money on this golden dove of the Arab world.

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